Shares in Athens ended flat in choppy trade, after a roller-coaster ride. The market is struggling to find direction, as many emerging markets fund exited Athens, after the re-gaining of the investment grade status by DBRS. 

 

“However, it’s early for developed markets funds to classify Greece as a developed market for the time being,” an asset manager said. 

 

The general share index ended flat at 1200 points. Turnover amounted 110 million euros. 

 

Notable movers were Helleniq Energy +2.9%, Jumbo +2.3%. In contrast, Coca Cola HBC fell 1.4%, PPC -1.1%. 

 

Banks were mixed, with NBG adding 1.1% while Piraeus fell 1.9%.